They don't want me to buy a new washer and dryer, just that they get to use their own machines.1) I know from past experience that most tenants test landlords in the beginning of a lease to see who has control in the situation. 2) I'm tempted to go and run a load of laundry through the washer and dryer myself to see if there is any merit to this claim, rather than just letting them do it.

As Chris above mentioned, I get shower curtain, toilet paper, paper towels, hand soap, body wash/shampoo, and a welcome greeting card.

The Mortgage license test for someone like me that has never really done owner occ loans and only HML was pretty tough since I never really worked in the space I passed first time but when Dodd frank came out it washed a lot of LO out who either could not pass or now your required to submit a Personal financial statement to the feds and state and have a bond..

The two units would share a laundry area.

Buying property that needs work or it's in okay condition without utilizing a 203K FHA loan or other renovation loans to improve the property immediately & adding laundry, AC, more bedrooms or bathrooms or just remodeling the kitchens and baths.

The tenant would always put her clothes in the laundry for more than 3 days straight every time and don't take her close out from the laundry!

  $250/week is less than a local motel, plus they can cook and do laundry. 

Hondas do make for great work vehicles, especially when hauling a washing machine :wink: I did see this one time; as a youngster I worked at Lowes and helped people load heavy merhandise.

I would say that it was about a 8 cap at 90% leased.A few months after purchasing it I kicked everyone out, sunk a ton of money into it, turned the laundry room into an efficiency and made it a 13 unit complex.

In my market, in-unit laundry machines are a must.